Citizens Nat. Trust & Savings Bank of Los Angeles v. Welch

MATHEWS, Circuit Judge.

This appeal is from a judgment dismissing an action for the recovery of taxes alleged to have been illegally collected.

On March 31, 1928, Citizens Trust & Savings Bank, a bank incorporated under the laws of the State of California and hereafter called the State bank, was consolidated with The Citizens National Bank of Los Angeles, a national banking association, under the association’s charter, purr suant to § 3 of the Act of November 7, 1918, c. 209, as added by § 1 of the Act of February 25, 1927, c. 191, 44 Stat. 1225, 12 U.S.C.A. § 34a. The association — which,…